Organic Peroxide Market
Organic Peroxide Market Size, Share & Trends Analysis Report, By Product (Ketone Peroxide, Diacyl Peroxides, Dialkyl Peroxide, Percarbonates, Hydro Peroxides, and Peroxyesters), By Application (Polymer, Coatings & Adhesives, Paper & Textiles, Cosmetics, Rubber, Healthcare, and Others), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Organic peroxide market is anticipated to grow at a CAGR of 4.3% during the forecast period. The organic peroxide is a carbon-containing compound holding two oxygen atoms together, which is used as activators, accelerators, initiators curing agents, hardeners, cross-linking agents, and promoters. The increasing demand for initiators in the procedure of polymerization to manufacture various sorts of polymers is driving the growth of the market. The rising demand for thermoplastics across numerous industrial applications is expected to strengthen the adoption of organic peroxide. Organic peroxides are used in the synthesis and modification of polymers, the creation of cross-linked materials such as elastomers, and health care and sanitation applications. The plastics and rubber industries are typically the most significant users of organic peroxides. According to The Observatory of Economic Complexity (OEC), in 2020 the top importers of Plastics and Rubbers were the US ($90.8 billion), China ($77.8 billion), Germany ($53.7 billion), France ($28.7 billion), and Mexico ($25 billion). Plastics and rubber were the world's 6th most traded product, with a total trade of $782 billion. This show a strong demand for plastics and rubber which in turn significantly supports the demand for organic peroxide.
Segmental Outlook
The global organic peroxide market is segmented based on product and application. Based on product, the market is segmented into ketone peroxide, diacyl peroxides, dialkyl peroxide, percarbonates, hydro peroxides, and peroxyesters. Based on application, the market is segmented into polymer, coatings & adhesives, paper & textiles, cosmetics, rubber, healthcare, and others. The above-mentioned segments can be customized as per the requirements. Based on the product, the ketone peroxide segment is anticipated to grow at the fastest rate during the forecast period. The rising production of fiberglass on account of its increasing demand in various applications, such as automotive, aviation sector, roofing, and marine, is expected to propel the consumption of ketone peroxide for crosslinking of the polymer. Fiberglass is light, durable and strong and is impact-resistant, corrosion-resistant, and has a moderate-high strength-to-weight ratio. As fiberglass is a low-cost and highly flexible material which is used in various household products and industries. Some common places where fiberglass is used include aircraft, windows, roofing, boats, and bathtubs. This, in turn, is driving the demand for kerotine peroxide.
Regional Outlook
The global organic peroxide market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. According to The Association of Natural Rubber Producing Countries (ANRPC) latest report for 2022, the global production of natural rubber (NR) seen a 13.6% growth, year-on-year, amounting to 941,000 tons as compared to the same period a year ago. This, in turn, is driving the adoption of organic peroxide across the globe. North America is anticipated to hold a significant share in the global organic peroxide market during the forecast period owing to the presence of a large manufacturing base for chemical companies such as The Dow Chemical Co., Exxon Mobil Corp., DuPont de Nemours, Inc., and others in the region. Asia-Pacific organic peroxide market is anticipated to grow at the fastest rate during the forecast period owing to its rising application across several industries in the region. Asia-Pacific region is one of the major producers and consumers of plastic products. The emergence of China and India as major plastic/polymer and rubber manufacturing destinations is expected to promote the demand for organic peroxide.
Global Organic Peroxide Market Growth, by Region 2022-2028
Market Players Outlook
The major companies serving the global organic peroxide market include AkzoNobel NV, Arkema Group, United Initiators GmbH, NOF CORP., and Pergan GmbH. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2020, United Initiators GmbH acquired Hydrogen Peroxide (H2O2) plant in Prince George, Canada from Evonik Industries. This acquisition provides a great opportunity to position the company in the Pacific Northwest in general and Canada in particular, with a strong position in this market for mainly pulp and paper and mining applications.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global organic peroxide market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Recovery Scenario of Global Organic Peroxide Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. AkzoNobel NV
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Arkema Group
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. United Initiators GmbH
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. NOF CORP.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Pergan GmbH
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Organic Peroxide Market by Product
4.1.1. Ketone Peroxide
4.1.2. Diacyl Peroxides
4.1.3. Dialkyl Peroxide
4.1.4. Percarbonates
4.1.5. Hydro Peroxides
4.1.6. Peroxyesters
4.2. Global Organic Peroxide Market by Application
4.2.1. Polymer
4.2.2. Coatings & Adhesives
4.2.3. Paper & Textiles
4.2.4. Cosmetics
4.2.5. Rubber
4.2.6. Healthcare
4.2.7. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ACE Chemical Corp.
6.2. AKPA Chemical
6.3. Chinasun Specialty Products Co., Ltd.
6.4. Kawaguchi Chemical Industry Co., Ltd.
6.5. Lianyungang Hualun Chemical Co., Ltd.
6.6. MPI Chemie B.V.
6.7. Nouryon Chemicals Holding B.V.
6.8. NOVICHEM Sp. z o.o.
6.9. Plasti Pigments Pvt. Ltd.
6.10. Suzhou Hualun Chemcal Co.,Ltd.
1. GLOBAL ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL ORGANIC KETONE PEROXIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ORGANIC DIACYL PEROXIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ORGANIC DIALKYL PEROXIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL ORGANIC PERCARBONATES PEROXIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ORGANIC HYDRO PEROXIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ORGANIC PEROXYESTERS PEROXIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
9. GLOBAL ORGANIC PEROXIDE FOR POLYMER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ORGANIC PEROXIDE FOR COATINGS & ADHESIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL ORGANIC PEROXIDE FOR PAPER & TEXTILES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ORGANIC PEROXIDE FOR COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ORGANIC PEROXIDE FOR RUBBER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL ORGANIC PEROXIDE FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL ORGANIC PEROXIDE FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
19. NORTH AMERICAN ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. EUROPEAN ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. EUROPEAN ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
22. EUROPEAN ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. REST OF THE WORLD ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
28. REST OF THE WORLD ORGANIC PEROXIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL ORGANIC PEROXIDE MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
2. GLOBAL ORGANIC KETONE PEROXIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
3. GLOBAL ORGANIC DIACYL PEROXIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
4. GLOBAL ORGANIC DIALKYL PEROXIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
5. GLOBAL ORGANIC PERCARBONATES PEROXIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL ORGANIC HYDRO PEROXIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL ORGANIC PEROXYESTERS PEROXIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL ORGANIC PEROXIDE MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL ORGANIC PEROXIDE FOR POLYMER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL ORGANIC PEROXIDE FOR COATINGS & ADHESIVES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL ORGANIC PEROXIDE FOR PAPER & TEXTILES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL ORGANIC PEROXIDE FOR COSMETICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL ORGANIC PEROXIDE FOR RUBBER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL ORGANIC PEROXIDE FOR HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL ORGANIC PEROXIDE FOR OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL ORGANIC PEROXIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
19. UK ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD ORGANIC PEROXIDE MARKET SIZE, 2021-2028 ($ MILLION)
